Shoprite To Close The Remaining Stores And Exit Kenyan Market

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Shoprite retail chain store has announced the closure of the two remaining store in Kenya in the coming months.

According to the retailer, the decision was made due to the under-performance and not meeting the return requirement. This announcement was made in Johannesburg.

Shoprite has seen competition from retailers such as Naivas, Carrefour and Quickmatt, the retail store that first opened its first supermarket in 2018 in Kenya.

The two remaining retail stores one in Nairobi- Garden City and the other one at Westgate Malls will close, exiting the Kenyan Market.

This notice comes a month after it closed the City Mall branch in Nyali Mombasa where over 100 people lost their jobs.

“Endeavour to continue trading at the Nyali branch is no longer viable. Financial and other data will be provided and discussed at a proposed meeting,” Shoprite said in a notice to the Kenya Union of Commercial Food and Allied Workers.

“It is contemplated that the intended date of termination on account of redundancy will be August 31, 2020. There are currently 115 persons employed at the branch of which 92 are members of KUCFW,’ the South Africa retail chain added.

While establishing its foot print in Kenya, Shoprite announced that it was taking advantage of the disarray in Kenya’s retail sector.